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Reuters: Pfizer to buy Wyeth for $68 billion

Started by chris, January 27, 2009, 12:59:11 AM

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chris

Pfizer to buy Wyeth for $68 billion
      


PHILADELPHIA/NEW YORK (Reuters) - Pfizer will halve its dividend and raise $22 billion in debt to buy rival Wyeth for $68 billion in an acquisition aimed at softening the blow of losing its biggest product to generic competition.<div class="feedflare">
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